Stamps.com 2009 Annual Report Download - page 49

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TABLE OF CONTENTS
STAMPS.COM INC. AND SUBSIDIARY
CONSOLIDATED BALANCE SHEETS
(In Thousands, Except Per Share Data)
The accompanying notes are an integral part of these consolidated financial statements.
December 31,
2009
2008
ASSETS
Current assets:
Cash and cash equivalents
$
45,011
$
52,576
Restricted cash
554
554
Short-term investments
2,224
16,235
Accounts receivable, net
4,367
4,163
Other current assets
3,288
4,426
Total current assets
55,444
77,954
Property and equipment, net
2,102
3,086
Intangible assets, net
498
505
Long-term investments
23,956
4,694
Deferred income taxes
3,671
3,671
Other assets
3,587
3,348
Total assets
$
89,258
$
93,258
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable and accrued expenses
$
9,583
$
11,174
Deferred revenue
4,070
3,743
Total current liabilities
13,653
14,917
Commitments and contingencies
Stockholders’ equity:
Common stock, $.001 par value
Authorized shares 47,500 in 2009 and 2008
Issued shares: 24,429 in 2009 and 24,368 in 2008
Outstanding shares: 15,681 in 2009 and 17,242 in 2008
47
47
Additional paid-in capital
630,322
626,810
Treasury stock, at cost, 8,748 shares in 2009 and 7,126 shares in 2008
(104,344
)
(90,613
)
Accumulated deficit
(450,214
)
(456,391
)
Accumulated other comprehensive loss
(206
)
(1,512
)
Total stockholders’ equity
75,605
78,341
Total liabilities and stockholders’ equity
$
89,258
$
93,258